Disney | PixarDisney reported its fiscal fourth-quarter earnings Thursday, narrowly beating analyst estimates as streaming growth helped propel its entertainment segment.
During Disney's fiscal 2025, the company expects high-single-digit adjusted earnings growth compared with the prior fiscal year.
Disney anticipates double-digit percentage growth in operating income for its entertainment segment for fiscal 2025.
Streaming stridesThe atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022.
During the fiscal fourth quarter Disney's streaming entertainment ad revenue was up 14% due to Disney+, and executives expect it to be a driver of streaming revenue going forward.
Persons:
—, Bob Iger, who's, they're, Hugh Johnston, Disney, Presley Ann, Walt Disney
Organizations:
Disney, Pixar Disney, Revenue, Warner Bros, Getty, Hulu, ESPN, Discovery, Netflix, Comcast, Paramount Global, " Media, U.S, Walt
Locations:
Los Angeles, India